Patel Engineering has bagged a Rs 160.69-crore order for the upgradation of Tinthini-Kalmala road from the Karnataka Government.
“The project comprises upgradation of 73.8-km long stretch from Tinthini to Kalmala, a part of State Highway 61 and State Highway 15,” the infrastructure firm said in a statement today.
The project is expected to be completed within two-and-a-half years, it added.
The company scrips were up by 4.9 per cent at Rs 139.05 per share at the close of trading on the Bombay Stock Exchange today.